NOT LISTED FOR SALE

5241 Norwell Ln Virginia Beach, VA 23455

Bayside Neighborhood

Estimated Value: $479,000 - $586,000

4 Beds
3 Baths
2,261 Sq Ft
$232/Sq Ft Est. Value

About This Home

This home is located at 5241 Norwell Ln, Virginia Beach, VA 23455 and is currently estimated at $524,691, approximately $232 per square foot. 5241 Norwell Ln is a home located in Virginia Beach City with nearby schools including Luxford Elementary School, Bayside 6th Grade Campus, and Bayside High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 15, 2023
Sold by
Bonner Mack
Bought by
Shah Shuketu J
Current Estimated Value
$524,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,400
Outstanding Balance
$374,683
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$150,008

Purchase Details

Closed on
Nov 29, 2016
Sold by
Deford Edward L
Bought by
Bonner Mack and Bonner Niranjani R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
3.52%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Shah Shuketu J $483,000 Fidelity National Title
Bonner Mack $332,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Shuketu J $386,400
Previous Owner Bonner Mack $266,000
Source: Public Records

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,422 $455,900 $160,000 $295,900
2023 $4,059 $410,000 $146,000 $264,000
2022 $3,755 $379,300 $122,000 $257,300
2021 $3,455 $349,000 $106,000 $243,000
2020 $3,260 $320,400 $98,000 $222,400
2019 $3,271 $309,500 $98,000 $211,500
2018 $3,103 $309,500 $98,000 $211,500
2017 $3,004 $299,600 $98,000 $201,600
2016 $3,062 $309,300 $98,000 $211,300
2015 $3,037 $306,800 $98,000 $208,800
2014 $2,872 $313,000 $98,000 $215,000
Source: Public Records

Map

Virginia Virginia Beach County Virginia Beach 23455 Bayside

5241 Norwell Ln, Virginia Beach, VA

This home is located at 5241 Norwell Ln, Virginia Beach, VA 23455 and is currently estimated at $524,691, approximately $232 per square foot. 5241 Norwell Ln is a home located in Virginia Beach City with nearby schools including Luxford Elementary School, Bayside 6th Grade Campus, and Bayside High School.

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